InsiderB

Ambuja Cements : Bullish Bat pattern completion

Long
NSE:AMBUJACEM   AMBUJA CEMENTS LTD
I don't know why its raining patterns everywhere... Just one short caution : Trade patterns only if you are well-versed with it and if you know its success ratio.
We got bullish bat pattern completion in Ambujacem exactly in support zone ,similar one we got in ashok leyland also. GSTbill looks good for cement and auto's, so I'm expecting gapup, though in Nifty I expect Gap down bcos of profit booking (sell on News) & [I may be wrong & Nifty can make us wonder why it happens].

Happy Trading !

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